purchase /C DR EXCISE DUTY A/C DR TO CASH IN CASE OF SALE CASH A/C

what is excise duty and what should be the entry of
purchase and sale in account books of excise

Question Posted / soumya ranjan barik

Answer Posted / soumya ranjan barik

purchase /C DR
EXCISE DUTY A/C DR
TO CASH
IN CASE OF SALE
CASH A/C DR
TO SALES A/C
TO EXCISE DUTY A/C

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